Monetarism and Liberalization: The Chilean Experiment
by Sebastian Edwards and Alejandra Cox Edwards
University of Chicago Press, 1991
Paper: 978-0-226-18489-0
Library of Congress Classification HC192.E249 1991
Dewey Decimal Classification 338.983009048

ABOUT THIS BOOK | AUTHOR BIOGRAPHY | TOC
ABOUT THIS BOOK
The successes and failures of free market policy in Chile, implemented in 1973 under the guidance of economists trained at the University of Chicago, are clearly explained in this well-written study. The authors argue that it was a combination of misjudgments, including important policy errors, that led to the collapse of the Chilean economy.

"The Edwards's book is an indispensable guide to the policy reforms and mistakes that have taken the [Chilean] economy to its present state."—Philip L. Brock, Money, Credit, and Banking

"This book is a 'must' for anybody interested in development economies and the problems of liberalization."—Hansjorg Blochliger, Journal of International Economics

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